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. obama welcome to military families to the white house for this season's first u.s. of holiday decorations. the theme is the way to all. the white house christmas tree is decorated by children living on u.s. military bases around the world. the first lady's remarks are about 15 minutes. > [applause] >> hi, everyone. welcome to the white house. prequel, hu? yeah. let me start by thanking jennifer for that lovely introduction and to welcome her family here as well. her father and her husband. we are so grateful for your service and glad you could be here. thank you, jennifer, for everything that you and your family have done for this country and what you have done to make this house as beautiful as it is. as first lady, you know that i have had the privilege of traveling across this country. one of the best things i get to do is to meet with all of the wonderful military families, like jennifer's family and your families. it is an honor to host you all here today at the white house. yeah. the cool house. i like it. i have said this many times before. i will say it again because i
to lunch. as promised, president obama and mitt romney over to the white house for lunch. i want to ask you about a new piece in "the new republic" about the romney campaign's internal polling. everywhere you go in washington, they say why were they so surprised they lost? the internal polling told them they were going to win. >> there are polls showing that romney was ahead in new hampshire and colorado, with in the campaign. a great pollster -- the problem was that they had a turnout model that was not what the turnout turned out to be paid i don't think anybody was going to deduct the kind of turnout among voters between ages 18 and 29 or latino voters that we had on election day except the obama people. >> or even african-americans, who voted in percentages beyond their percentage of the population. the article% of the population, 50% of the obama -- they are called% of the publishing, 15% of the obama vote. >> colby king said on this program at that that is because they felt threatened. >> romney, a great manager, had a badly run campaign. they wasted a lot of money, they allowed obama
, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. reporter: enter a new player in the talks, stephanie cutter. you remember her? she was the deputy campaign manager for the obama-biden ticket suggested that mitt romney might have committed a felony on his tax returns. sunday night, she e-mailed them to reach a fiscal deal. republicans have balked at raising tho
by both parties and to be blunt, the obama white house has actively opposed the data act. the administration has testified against the legislation on homeland security and governmental affairs and they try to prevent congress from passing legislation that would require standardization of spending information. let's talk about the management category and performance, the second category. the most important data in the second category is why programs does the government have, how does their performance compared to past performance? in this area has been more progress. congress passed the results act modernization act. how is that for a mouth full, two years ago, which requires administration to come up with federal programs. as far as we all know, we'll have a published list of programs machine-readable that will allow us to electronically track performance. that's great. third category, regulation. this is a category where progress has been mixed. to be sure we have half a million data published unjaded.gov. many are machine-readable, but the most important information isn
! >> we told you earlier in the show about president obama and mitt romney's lunch at the white house. now let's take a look at "the daily show" for exclusive unseen footage of yesterday's private event. >> we do have some footage of governor romney arriving to the white house. i believe that's him there. then he's getting out. and then the lion. the campaign is over, so he doesn't have to pretend anymore. he can finally wear that serengeti lion sash he hadn't been wearing. by the way, obama couldn't have met the guy in a restaurant? he had to make him come to the white house? that's some cold brew. hey, romney, what's up, man? hey, isn't it funny? you almost lived here. this was almost your place. just 3 million votes. you know what i mean? oh, you worked so hard for seven years and you were just about to go in and then sorry [ bleep ]. >> that's pretty good. >> yeah. >> it's a strong cooler. >> romney, king joffrey joffer. we're moving on. we have vice president joe biden going to the grand opening of a washington, d.c., costco store yesterday. >> what? >> yes. let me tell you, he did no
romney had lunch with president obama over at the white house. and in the middle east, joy and flag waving because of an impending decision at the united nations. i'll ask israel's ambassador to the united states why he thinks -- why his country thinks the u.n.'s possibly interaction is a bad idea. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's hard words in the negotiations to avoid the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >> reporter: tough talk and some bright lines, wolf. on the same day that treasury secretary tim geithner went to capitol hill to meet with both democrats and republicans to talk about these negotiations, there
president obama who changed the benghazi talking points? >> yeah, this is very dangerous for the white house, and suddenly start asking real questions. >> so, what about it, jim, if jay leno is asking that question, does it mean that the press might be finally catching on? >> i think a couple of things are happening here, first of all, the campaign of sort of race baiting against john mccain led by richard wolf and tour, don't forget the accent mark. and the meeting with rice went badly and susan collins prides herself as a moderate thinks worse of you, you've done a bad job on the your presentation. and adam credo, the new website called the washington free beacon has millions of dollars in investments of companies linked to iran and rattled off the list and how she got confirmed as a u.n. ambassadorship and the romney campaign never noticing this as the issues of iran and weapons heating up and coming up in independent voices like the beacon, that maybe it will get-- it will derail her. >> jon: the media seem to be circling the wagons around here, judy. >> oh, yes, john mccain's racist the
. >>> top governors sit down with president obama at the white house to discuss the fiscal cliff. did they find any common ground? bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. >>> a bipartisan group of governors, three democrats, three republicans, are urging both sides to reach a deal to keep from going over the so-called fiscal cliff. they met privately with president obama over at the white house today. among the governors, the utah republican governor, gary herbert. he's joining us now from capitol hill. governor herbert, thanks very much for coming in. take
in the white house when president obama signed the executive order to close guantanamo, even before he did that, california senator dianne feinstein, chair of the intelligence committee, had already requested a thorough government report on how logistically prisoners could be moved from guantanamo to american prisons. in 2008, remember, yes, barack obama was running for president saying he wanted to close guantanamo, but the guy he was running against, john mccain, was also saying that he wanted to close guantanamo. and, frankly, the guy who was president at the time, the guy who opened guantanamo, george w. bush, was also saying at the time that we needed to close guantanamo. so everybody sort of agreed and dianne feinstein apparently said, hey, if everybody agrees that that must be done, let's start looking into how we are going to do it. that report requested by senator dianne feinstein from the government accountability office in 2008 has just come out. and it explains the duh is silent that, yeah, people convicted of terrorism offenses are already safely held in american prisons. a lot of
obama is meeting at the white house with a bipartisan group of governors. reportedly, those governors asked for the meeting with the president. they want to urge president obama to work with congress on the solution to the fiscal cliff. in the afternoon, the same group will meet with house speaker john boehner, california governor jerry brown, by the way, is not in this group. >>> 8:14. the owner of drake's bay oyster company is working with a legal team to fight the decision by the federal government to shut down his operation. kevin lenny announced yesterday he does not plan to give up the federal government's order to give up the company. oakland's largest pot club get as key victory in court. a county judge ruled that harborside medical center cannot be convicted -- evicted. the owner cannot kick the club out because it's not breaking state law. the landlord will try her luck. she wants harborside out because a federal prosecutor is threatening to seize the property. >>> 8:15. santa clara county auditors are demanning that the county board president reimburse the county more than
echoing mitt romney that he's in la jolla and barack obama is in the white house because obama depended on people who were dependent on government. it is just the handout, the takers are the ones who elected barack obama. >> right. the gifts argument. i think there has been a split on the language of this, whether or not the actual ideals of it. the language, split since romney lost and made his little gifts comment after the election. >> bill: that obama won by handing out gifts to the constituencies. >> minorities, women. just gave them -- best example is gave women contraception for their votes. that's potentially -- basically what they said. sununu yesterday or i guess it was tuesday night said that he said the same thing. he was like if you look at this, it wasn't about message. we didn't lose because of message. we lost because -- >> bill: didn't lose because they had a lousy candidate. >> we lost because of the hold-in to obama and what they can give him. >> bill: they're just in denial, right? >> wh
at the white house with president obama to discuss, what else? the fiscal cliff. states would be severely impacted because much of their revenue comes from the federal government. cnn white house correspondent dan lothian is at the white house. so, dan, who is trying to convince who? >> well, i think it's a little bit of both here. you have the president trying to sort of put pressure on them, if you will, these governors, to then they in turn should put pressure ontheir lawmakers to get a deal done. at the time the governors are here to let the president know there's some real consequences if this scenario plays out. a third of states out there get their revenue from federal grants according to a pew report, and that report also points out that states like virginia, for example, would be heavily impacted. why virginia? because it has a lot of military defense contractors. they're saying that they could be impacted to the tune of about $10 billion in economic activity falling. in addition to that, 120,000 jobs lost. take a look at a state like south dakota, for example. a very small state
visits mitt romney to the white house today and everyone is buzzing about it. could obama offer him a job? >> congratulations to someone. you just won the gdp of a small nation. not just one but two winning tickets in last night's record powerball drawing. we'll tell you where. >> and if they will be my best friend soon. we have a packed show. john ba, rasso, adam shif, rick warren, tom cole, connie and mary bono mack and steven holcomb. >> we have so many people coming up. it is thursday, november 2. "starting point" begins right now. >>> good morning, everyone. our starting point this morning, developments happening now in cairo. the u.s. embassy there is closed. no one is being allowed in or out as we speak. >> embassy officials say protesters are blocking the entrance and clashes are happening near nearby. reza sayah is nearby for us. what's happening? >> reporter: there is no indication protesters are targeting the u.s. em wibassy b it was closed as a precaution. these are protesters who clashed with police. these are the trouble-making elements, the teenagers, young men, the 20-some
the president. is the white house trying to show the american people that president obama knocked mitt romney out in this election? did they do this on purpose? we'll never know. but maybe louie gohmert can help us out. that's "the ed show." i'm ed schultz. "the rachel maddow show" starts right now. good evening, rachel. >>> we will know that is the case if we find some kind of mexican wrestling mask in the next pete sousa photo from the white house. then we'll know they're sending a message. >> thanks, raching. >> thanks to you at home for joining us this hour. okay. last year in the former soviet republic of georgia, which to refresh your memory is here sort of wedged into a port of the world called eurasia, in his struggling young nation of georgia, a 75-year-old grandmother was out looking for scrap metal and she happened by some dark miracle she happened upon the cable that connects much of that region to the outside world. the cable that she found when she was looking for scrap metal happened to carry the internet. the whole internet service for that whole part of the world. and because
on the wealthy. the headlines tell the story. "the washington post" wrote, "obama offers plan for cliff, not compromise." "the new york times." "gop balks at white house plan on fiscal crisis." and "the wall street journal," obama's cliff offer spurned. i want to bring in joanne reed and molly ball, political reporter for "the atlantic." good to see both of you. good morning. >> good to be here. >> mitch mcconnell, we are told, literally laughed at the white house's offer. and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> and the speaker tweeted, "how serious is the white house about avoiding the fiscal cliff?" reports suggest, in some cases, not so serious. and also, joanne, what is the strategy here, and is there a risk like looking like you're not really negotiating? >> well, you know, i think wh
. >> mitt romney met with president obama from lunch at the white house yesterday we were anticipating it yesterday morning. >> the pair eight at a private dining room it was actually the first time both have met each other since the election wrap up an early november. the present first mentioned meeting with the former governor in his victory speech in chicago o'hare this month. the president said he looked forward to talking with romney about ways to move the country forward. prison obama also praised out romney manage the olympics in salt lake city in 2002. >> will take a quick break back mwith more in a minute. we are watching the wet weather that is our top story of the right light to moderate and at times heavy with the wind out of the bay area's. we will come back with your forecast just a moment. we are back here at 4:30 in the western center talking to erica about what we see on storm tracker 4. weather center. >> the rate is starting to pick up in intensity for the north and east bay. --rain and is starting to pick up. it is growing more widespread. we have a lot sitting offs
mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt romney to lunch at the white house, aiming to put past differences to rest. >> i think that he's very interested in some of governor romney's ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men ate and boxing gloves. aides joked there were no punches thrown describing the encounter as friendly. >> i am happy to see this picture, it is good for the american people. >> reporter: a very different tone on capitol hill as fiscal cliff negotiations remain rocky. the president sent his top negotiator, treasury secretary tim geithner to meet with congressional leaders. afterward, house speaker john boehner said the white house had not proposed spending
a strong message directed at the white house and president obama. congressman tom colatosti out of oklahoma a bit later here on "america's newsroom.". that is 22 minutes away. martha: we brought you this breaking news on friday and now there's new fallout from that horrible train derailment in new jersey. remember these pictures? emergency officials closed schools now in that area because they think there is unsafe air quality. several cars carrying chemicals overturned into the creek on friday, spewing dangerous gases into the air. evacuation orders are still in effect for a 12-glock zone. the national transportation safety board a signal problem reported before the derailment could have contributed to that accident. bill: a breaking news out of a school in atlanta. we'll get you details. this is something that is crossing right now and pictures to follow coming up out of atlanta. >>> and also this. new questions in the shocking murder-suicide of kansas city linebacker, jevon belcher. >> this is real tragedy. horrible tragedy. jovan was, just one of those young men, we had such great memor
at the time... what's the rush? be happy. be healthy. >>shepard: they are leaking at white house. it has been leaked to the reuters news agency that on president obama's short list for defense secretary is the republican, former republican senator, chuck hagel. it is interesting that, today, the white house is doing some leaking to news agencies. reuters cited an administration official, that is all we know, but chuck hagel is on the short list. and the white house says reuters and us plans to announce the new defense secretary and secretary of state, some time over the next two weeks. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on amounts earned above $250,000.
stories and breaking news. jenna: president obama sitting down for lunch at the white house with his former rival governor romney. more on that next. scientists say they can predict in newborns. we'll tell you what it is. a tire filing smash-and-grab robbery all caught on tape. it is all "happening now". jenna: this thursday we're awaiting a big meeting at the white house. we're glad you're with us, everybody, i'm jenna lee. jon: wouldn't you love to be a fly on the wall? jenna: wonder what is on the menu? jon: i guess we'll find out. president obama making good on campaign promise as he gears up for a sit down with governor romney, the first meeting since the election. the private luncheon set to begin hour and a half from now. white house correspondent ed henry is live. what is on the agenda, ed, do we know? >> reporter: white house officials say this will be a bit more personal. not necessarily a lot of business conducted in terms of fiscal talks and what not. they believe obviously this is the first time they have gotten together not just since the election but since the debate i
, frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> well, the former treasury secretary has one thing to say but many other voices are a virtual kcacophony where wolf blitzer has to sit every day. >> in the short term the president has more leverage right now because if they do nothing, let's say they avoid any legislation between now and the end of the year, starting january 1st we go over that so-called fiscal cliff, tax rates go up not just for the rich but for the middle class, for everyone, all those cuts in domestic spending and naths security spending, they go into effect. people aren't going to be happy about that, and the president will be able to say, look, i begged them, i repeatedly said 98% of the american public, they wouldn't get a tax increase if we just took them out of the equation, let's pass legislation extending the bush tax cuts for everyone earning under $250,000 a year. they didn't do it. so, you know, he'll have some leverage on that in terms of the politics because politically, you know, the polls all are
'd think we would have somewhere to begin negotiations. the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on youtube and twitter explaining why he thinks the rich should pay more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more peo
a private lunch at the white house. if this is the first meeting since the last debate. president obama promise in his speech that he will sit down with romney and talk about how they could both moves for. that will have lunch in a private dining room and that mr. romney is scheduled to meet with his former running mate paul ryan. this will be happening after the lunch. >> the white house to send representatives to capitol hill to find out the conditions of the looming fiscal cliff. they complain that the white house has not provided them on how the president will curb medicaid and medicare. if the president has been consistent and that he does not want the tax to go for people who are under too much as $50. he is adamant that any new tax revenue must come from--he once rates lowered and was is that and find a middle ground. >> in bay area a news they have released the names of two girls were shot and killed over the weekend in oakland. a 16 year-old girl and a another 15 year-old were found shot to death about 6:00 in the morning in east oakland. they have been hit by multiple gunshot
. president obama and mitt romney just wrapped up lunch in the private dining room at the white house. i want you to watch closely because we caught romney's arrival and there's romney. leaving the white house. about 20 minutes ago. the president first mentioned plans to meet with romney in the election night vingt ri speech talking about it again in the first post-election news conference. >> there may be ideas that he has with respect to jobs and growth that can help middle class families that i want to hear so, you know, i'm not either prejudging what he's interested in doing nor am i suggesting i've got some specific assignment but what i want to do is get ideas from him and see if there's some ways that we can potentially work together. >> that sounds all well and good and adult, doesn't it, candy crowley? our political correspondent. and anchor of cnn's "state of the union." oh, to be a fly on the wall at that meeting. >> i know. >> lasted an hour and a half? >> yeah, yeah. >> do you think it was more of a bury the hatchet or a courtesy call-type of meeting more than substance? >> first
right now. the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing on stage with shawn and derek. >> so, what is next? you're on the book tour right now. going to have a little break over christmas. but gymnastics, still in your blood, right? >> i'm hoping to attend 2016 and get back into the gym. get back in the swing of things. and just gain more. i want to go to more world championships. and i think it would be cool to attend two more olympic games. >> it would be cool for all of us. thank you for coming in today. the book is called "grace, gold & glory." it's in stores today. >>> when we come back, a hol >>> back, now, with a real favorite of ours, katherine jenkins. with us throughout the "dancing with t
emphasized, the attacker's motivation unknown, and there was further questions about the obama administration's singular and immediate focus on the anti-islam video? >> why did you just focus on that part for so long rather than say, look, it's not a black and white issue. >> one of the motivations may very well be either the video, the response to the video in cairo, and, certainly, that's not ruled out. >> fox news has confirmed the decision to shut down the cia annex was made in the early morning hours of september 12th after it took indirect fire, and while the annex was cleared of classified material and equipment in less than ten hours, the consulate less than a mile away has never been secured, lou. lou: we hear very little about who made the decision not to respond with military, para-military forces to support, and perhaps save, four americans who were killed in the attacks. >> well, here privately on capital hill from lawmakers, they wondered if the president meant there were not the assets available in the mediterranean to respond quickly. what we're seeing in the next few weeks, s
with president obama is he is a small minded president. >> steve: the white house immediately rejected the republicans' man ask said it wasn't balanced, even though it is balanced. it does actually raise revenue. democrats want the tax rates to go up. >> brian: they had a christmas party last night, the speaker and president were there. the word is they were going to talk. maybe they did. five minutes after the hour. let's change gears. prince william arriving at the hospital where kate middleton is waking up after suffering severe morning circumstanceness. what's that? >> gretchen: the condition -- is hard to pronounce. it strikes 2% of expecting moms. it can be an indicator of something else, which is twins. joining us to weigh in, dr. mark siegle. it's hyper something or another. >> vomiting, pregnant. go back to the latin. >> steve: thank you very much. >> 1 to 2% of all pregnancies have this. actually it's the number two cause of hospitalization after preterm labor. it's a big problem. morning sickness, 80% of women, everyone knows about that. severe morning sickness, when you con
? the white house, the cia? rice herself. today in a tv interview president obama pointed fingers at us. >> republicans attacks against un ambassador susan rice boxed you in a corner, would it look like a sign of weakness if you didn't appoint her to secretary of state? >> i don't really spend a lot of time on, you know, what folks say on cable news programs attacking highly qualified personnel like susan rice. i'm going to make a decision about who is going to be the best secretary of state. > >> greta: you heard right. president obama blaming cable news for the ambassador's problem. what do you think about that? go to gretawire.com. we're back in ninety seconds. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and conside
. a curious thing happened in the days following barack obama's election. a group of texans filed a petition on a white house website. they wanted texas to secede from the not so united states of america. the movement spread further encompassing each of the 50 states in the union. it's a ridiculous exercise that will go nowhere. there are some real impulses across the atlantic. europe might soon have a new independent state. look at catalonia. a region in northeast spain that includes barcelona. last sunday, they held parliamentary elections. a majority of the winners campaigned on a platform of secession. the vote follows an unprecedented demonstration in september when about one million catalons marched the streets demanding statehood. to put it in perspective, the entire population is only about 7.5 million. the next step could be a public referendum on breaking away. consider scotland which has already reached that point. in october british prime minister david cameron agreed to a deal allowing scotts to vote in 2014 as to whether they want to secede. then there's the strange case of bel
leaders made their counter offer to president obama and officials quickly dismissed it. major garrett is at the white house this morning. good morning. >> reporter: good morning, charlie and norah. there's no prospect for a deal and not much talking going on either. for the first time there are numbers on the pieces of paper from the white house and the congressional republicans. there are disagreements from both sides of how serious those numbers are. for the first time there are boundaries to find agreement in the middle if those numbers yield themselves to politics. republicans put their plan in writing. the white house says it should have saved the paper and ink. republicans remain opposed to raising income tax rates. overall, their plan is lighter on taxes and heavier on spending ing cuts than the white house prefers. gop offered $800 billion in tax increases by eliminating or reducing unspecified deductions. $600 billion in entitlement cuts and $300 billion. white house wanted $600 billion in cuts but no inflation to adjustments. republicans also want to r
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are calculated for social security. white house officials say the two sides will continue to negotiate ways to avoid the year end fiscal cliff. >>> and president obama is meeting with a group u.s. governors today around 10:00 a.m. eastern. it includes jack markell, mary fallon, scott walker. the governors will discuss how the fiscal cliff will impact their states and possible solutions. it's also expected to meet with house republicans, as well, this week. >>> and oracle is amongst the latest of speeding up their dividend pay outs to avoid possible tax hikes because of the fiscal cliff. they will pay dividends a total of 18 cents a share for the next three quarters. larry ellison didn't take part in the decision, but he will benefit. he own as 23% stake in the company, so he'll receive around $198 million. yes, you heard it right. oracle stock down 0.8% despite that in frankfurt. still to come, interest rates in australia are moving down. down under. find out what central bank is worried about when we come back. >>> australia central bank held its rate setting meeting. matthew taylor has th
: associated press says the white house is signalling president obama is willing to let the country go over the cliff. this is a choice of the republican party if they are willing to do higher rates on the country, there is a lot to talk about, if they are not, they will push us over the cliff. tim geithner said there is no prospect in an agreement that doesn't include the tax rate going up on the top 2% of americans. he said we are not prepared to have the american economy held hostage to periodic threats. >> there you go. >> stephanie: and he pointed out, taxes were the centerpiece of the presidential campaign. he ran on a pledge to repeal these tax cuts. 60% of voters backed obama's reelection, a new poll suggests that -- >> including republicans. >> stephanie: yeah, he said republicans would take the bulk of the blame if this happens. i think we're in a strong position. >> i do too. >> stephanie: every time they talk on tv it's like lost lost lost lost you lost. this is the best thing chris, i have read thus far on this. [ ♪ patriotic music ♪ ] >> stephanie: fi
status. christian white. good to see you. president obama lost on the settlements on israel and loses on recognition palestinians with the u.n. what does it say about his policies. are they not sound? >> they are not sound and also we're decreasingly relevant to this process. we have been ignored in the two instances and we're essentially ignored the week before last when an element of the palestinian leadership hamas decided to go to war. also ignored by the u.n. we are incidentally the largest benefactor to the united nations paying more than 25% of agencies and 20% of the general fund. they feel free to ignore us. it's a problem with the photo op foreign policy with few real accomplishments and it's becoming more apparent to people around the world. >> gregg: we also supply aid to the palestinians, humanitarian aid. should that be reconsidered most recent actions against israel? >> with any aid you have to ask what it is doing, what goal is it advancing? we keep harping on both parties but seemingly hard the other israelis that we need to come to some sort of negotiation, get to th
so much. and good luck with it. i hope it sells. >> cheers. >>> all right. president obama is speaking out about the fiscal cliff in his first television interview since the election. he spoke with bloomberg's white house correspondent yesterday and the white house just aired on bloomberg television minutes ago. here's some of what the president had to say about the republican proposal to close tax loopholes without raising taxes on the country's top 2%. >> it's not me being stubborn. it's not me being partisan. it's a matter of math. you know, there's a lot of talk that somehow we can raise $800 billion or a trillion worth of revenue by closing loop hopes and destructions. but a lot of your viewers understand that the only way to do that if you completely eliminated, for example, charitable deductions. well, if you eliminate charitable deductions that means every hospital and university and nonfor profit agency across the country would suddenly find themselves on the verge of collapse. so that's not a realistic option. >> that aired a few minutes ago. we'll have a lot more
. it is chile, right? martha: turkey chile. bill: president obama hosting governor mitt romney for a private lunch at white house. this is the photo released by the white house, shaking hands at the oval house. they had a lunch, hour long, no media or press cameras. press press was asked about it. listen here. melissa: nothing is preventing you from speaking with governor romney about it. well, that is obviously up to former governor romney to decide whether he wants to have a conversation with you. and, you're welcome, when the president, next appears before you to ask him about it. we will provide a readout. but we didn't, i think they wanted to have, each man wanted to have a private conversation. they didn't want to turn it into a press event. bill: we hear that governor romney congratulated the president on his campaign and wished himself. they promised to stay in contact if there are opportunities to work on shared interest. don't hold your breath. martha: a new government report out shows americans cut back on their spending last month and saw no growth in their incomes. the commerce
. on tuesday, president obama is going to have some company. he's going to be meeting with the governors at the white house. he's going to be talking, of course, about money, how to keep our economy growing, and of course hopefully reduce the deficit as well. very busy day there at the white house. on thursday, we have all our eyes on washington. two controversial changes in washington state, same-sex marriage becomes legal on thursday in washington state. we'll also be looking at marijuana. adults over 21 can legally carry up to an ounce of pot, sort of. the federal government still says pot is an illegal drug. that's how they're going to do it in washington on thursday. and on friday, we'll be watching for the jobs report. this is the november jobs report. in october, 171,000 jobs were add a added, you may recall. experts think superstorm sandy could affect this. a lot of people having a hard time getting around, power is out. really put a lot of folks behind. we'll see how that goes. on saturday, a big day for college football fans. heisman trophy winner will be announced. we'll find
about the white house's opening salvo. the gop says the ball is now in the white house's court. where are we with the dollars here? >> reporter: we have the opening bids from speaker boehner and president obama. the different in dollars. the president wants $800 billion more in tax increases. the republicans want approximately more a trillion dollars more spending cuts. that's the difference between the two sides just in dollar terms. there is a difference between the two sides in terms of principle. the principle centers on higher tax rates, yes or no. speaker boehner many latest offer is raise $800 billion mostly from the wealthy by limiting deductions. the president says, no, don't want that. we want to tax the rich with higher tax rates on the rich. we have a dollar difference, a difference in principle. martha: we are hung up on ideology here. if you can get the money one way and it produces a long lasting change to the tax code which both sides say they want, what seems to be the problem? >> reporter: it's ideology. the president one the elect, he says he won it on taxing the ri
business. i am here seriously trying to resolve it and i would hope the white house would get serious as well. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as far as a down payment to get to a long-range solution on entitlements? >> there are a lot of options on the table, including that one. >> you are acknowledging that there will. >> the day after the election, i came here and i made it clear that republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> right, so my question is what message do you have for people who are in the negotiating position or believe that it is inevitable that you have to accept some compromise on taxes? >> revenue is on the table. but revenue was only on the tab
intelligence agencies that were worrying an these warnings came from hillary clinton, from president obama, and now from n nato. what do we make of this and also the fact that russia has been helpful according to the white house, very helpful, be in trying to persuade syria that this is a red line syria should not cross? >> the noose is tightening. the russians understand the arc on assad is moving south quickly. the turks have finally requested at least defensive patriot batteries, probably patriot batteries designed to deal with missiles rather than aircraft. should they be anti-aircraft patriots you could see an offensive capacity and capability. the rebels in syria are gaining force, maybe a little more coherens to their opposition and against the backdrop of all of this you have another -- yet another report of the prospects of agents being mixed with respect to chemical weapons capacity. i think this is the red line. it's a nightmarish scenario because it would force some sort of military intervention should these chemical weapons and their deployed either artillery shells or cones,
he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to get this done more than me. >> it's true that president obama won reelection and i congratulate him on his victory, but on january 20th, he'll face a stagnant economy and a fiscal mess. >> our people in an overwhelming way supported the reelection of this president, and there ought to be a quid pro quo and you ought to exercise leadership on that. >> you want the answer to solving the fiscal cliff? we put an offer on the table. the president now has to engage. >> you might even say he'll inherit these problems. >> the president is going away for christmas. he's going to hawaii for 20 something days. where am i going to be? where are my neighbors going to be? we're not going to have a place called home. where is the help? >> what's holding us back right now is a lot of stuff that's going on in this town. >> after the election of jimmy carter, he went to washington, d.c. and came back home with some bacon. >> that's right. >> that's what you d
those rates and the white house is not negotiating essentially, wolf, until they see republicans make that move. >> jeszic ka, the things obviously could be getting more complex as you know, president obama wants to add the debt ceiling to the multiple issues already on the table. what are you hearing about that? >> well, this was something the president laid out in a speech this morning to the business roundtable. the debt limit and avoiding the debt limit fight is one piece of the deal that they are seeking. let me try to break it down for you and explain how the white house sees all of this come together. wolf? >> the president's latest move, he told ceo's the fiscal deal should include a permanent way to avoid future debt ceiling fights. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> why is he adding the debt limit into this already complicated showdown over taxes and spending cuts? >> let's allow higher rates to go up -- >> we have to cut spending. >> the white house thinks of the fiscal cliff as a three-part problem. part one
for coming by. >> now the fight over fiscal cliff, president obama stumping campaign style to prevent fast approaching spending cuts and expiring tax breaks and a potential economic disaster a month ago and toured a toy factory in pennsylvania, the company behind lincoln logs. the white house says the trip highlights the response extending the bush era tax cuts for everyone but now for any amount of money you make over $250,000. so everyone get as tax break but not anything over $250,000. that is the company's core customers and flames republicans for holding up the progress. republicans point the finger at the president. >> it is not acceptable to me or to you, i don't think, for a handful of the republicans in congress to hold middle-class tax cuts hostage. >> the white house took three weeks to respond with any kind of a proposal. to my disappointment, it wasn't a serious one. >>shepard: speaker boehner referred to meetings with the treasury secretary geithner. republicans called plan he layed out a step backwards, so much that top senate republican were mcconnell burst into laugh laugh
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